Emmanuel Macron urged consideration of targeting the US digital sector as a potential response to threats of US tariffs tied to European technology regulation and digital taxes. Donald Trump has threatened new tariffs and has criticized the EU's Digital Services Act and Digital Markets Act, asserting they discriminate against US companies. Macron argued the EU should not rule out retaliation and highlighted a services trade deficit with the US. The EU nonetheless maintains surpluses in goods trade, notably in cars and pharmaceuticals, which contrasts with its services position.
French President Emmanuel Macron has told his ministers that the EU should consider targeting the US digital sector. The statement comes after Donald Trump threatened new tariffs in response to European technology regulation and digital taxes, Politico reports. Trump has long criticized the EU's digital regulations, the Digital Services Act and the Digital Markets Act, and recently claimed that they discriminate against US companies.
The statement comes after Donald Trump threatened new tariffs in response to European technology regulation and digital taxes, Politico reports. Trump has long criticized the EU's digital regulations, the Digital Services Act and the Digital Markets Act, and recently claimed that they discriminate against US companies. Macron said the EU should not rule out retaliation and pointed to its trade deficit with the US in services, even though the EU has surpluses in goods trade - for example in cars and pharmaceuticals.
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